For the whole of 2016, the
German central bank registered 82,200 counterfeit euro banknotes in
Germany. In a fresh report, it said Friday the fake money found had a nominal value of 4.2 million euros ($
4.5 million), marking a 14-percent decrease year on year.
"The introduction of the "
Europa" series of banknotes has had a positive effect on the number of counterfeits, leading to a significant decline in fake 20-euro banknotes," said Bundesbank executive board member Carl-Ludwig Thiele.